The two fundamental components of data structures are organization and access method
Indicate whether the statement is true or false
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In incorporating E-prise, the promoter gave an incorrect ZIP Code for the registered agent. All of the other requirements for incorporation were met. E-prise is a(n)
a. de jure corporation. b. de facto corporation. c. corporation by estoppel. d. indemnified corporation.
Zhang Company reported Cost of goods sold of $852,000, beginning Inventory of $40,600 and ending Inventory of $48,000. The average Inventory amount is:
A. $44,300. B. $48,000. C. $88,600. D. $7400. E. $40,600.
A U.S-based MNC has a subsidiary in China where the local currency is the Renminbi (RMB). The balance sheets and income statements of the subsidiary are presented in the table below. On December 31, 2014, the exchange rate was 8.27 RMB/US$. Assume the local currency figures in the statement below remain the same on December 31, 2015. Calculate the U.S. dollar translated figures for the two ending time periods assuming that between December 31, 2014 and December 31, 2015, the Chinese government revalues (appreciates) the RMB by 20 percent.
For the current year, David has wages of $80,000 and the following property transactions: Stock investment sales— Long-term capital gain $ 9,000 Short-term capital loss (12,000) Loss on sale of camper (purchased 4 years ago and used for family vacations) (2,000) What is David's AGI for the current year?
a. $76,000. b. $77,000. c. $78,000. d. $89,000. e. None of these.